Growing Popularity of Silver Chinese Panda Coins
Gold has always been one of the most popular investment options in China. However with the introduction of Silver Chinese Panda coins, there is a gradual shift in this trend. Silver Chinese Panda coins were introduced for the first time in the year 1983. While purity, weight and content made these coins popular among investors, the craftsmanship and reputation made them equally popular among numismatics.
Design is another unique feature of this coin that is worth mentioning here. Like any other coin, this coin also has two sides depicting the portrait of China’s most recognised animal, Panda on one side of the coin while the reverse side bears an etching of the Temple of Heaven. This Temple of Heaven is Located in Beijing, the capital of People’s Republic of China and one of the most populous cities in China. This temple was built sometime during the 15th century under the ruler ship of the Ming Dynasty hence has a lot of historical significance associated with it.
This iconic design remained unchanged for a considerable period of time but owing to the changes that were made in the fineness and weight of Silver Chinese Panda Coin, changes became almost inevitable and it was in the year 1987 when slight alterations were made in the Temple of Heaven design and its surroundings. This legacy has been carried forward and minor changes were also made on the obverse side of the coin. To begin with, the 2003 Chinese Silver Panda coin has the endangered panda foraging in the bamboo, 2007 coin has image of mother and baby panda munching bamboo leaves, 2010 coin has two panda in a playful mood and the latest coin (2013) depicts three panda searching for something. Apart from this, slight changes have been made in the eyes and ears of Panda and its cub almost every year (except for the year 2002) since its inception.
The beauty of this coin, its unmatched design, historical significance backed by its purity and soaring value in international market is what makes this coin an ideal investment option among investors across the globe.